Provident Financial Services (NYSE:PFS - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, April 24th. Analysts expect Provident Financial Services to post earnings of $0.47 per share and revenue of $206.86 million for the quarter.
Provident Financial Services (NYSE:PFS - Get Free Report) last announced its earnings results on Tuesday, January 28th. The savings and loans company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.13). Provident Financial Services had a return on equity of 5.60% and a net margin of 10.13%. On average, analysts expect Provident Financial Services to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Provident Financial Services Price Performance
NYSE PFS traded up $0.02 during trading hours on Monday, reaching $15.51. 575,486 shares of the stock traded hands, compared to its average volume of 846,971. The stock has a 50 day simple moving average of $16.89 and a two-hundred day simple moving average of $18.64. Provident Financial Services has a 1 year low of $13.07 and a 1 year high of $22.24. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 14.77 and a beta of 0.84.
Provident Financial Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.24 per share. The ex-dividend date was Friday, February 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.19%. Provident Financial Services's dividend payout ratio is 91.43%.
Analysts Set New Price Targets
A number of research analysts have commented on PFS shares. Royal Bank of Canada decreased their price target on shares of Provident Financial Services from $24.00 to $23.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. StockNews.com upgraded shares of Provident Financial Services from a "sell" rating to a "hold" rating in a research report on Saturday, February 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Provident Financial Services presently has an average rating of "Moderate Buy" and a consensus price target of $24.00.
Get Our Latest Stock Analysis on PFS
About Provident Financial Services
(
Get Free Report)
Provident Financial Services, Inc operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products.
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